epsql
· 2w
I'm with you in that all these events clearly feel like an attack. What I'm not understanding is what might have happened with boltz, cyber attack or anything else? It seems weird that they're not rel...
You take out Boltz and you take out other services that rely on them for swaps between Lightning and On chain. Some of the affected parties: Zeus, Bull Bitcoin, Aqua wallet, Alby hub etc. It’s attack aimed at the perimeter: wallet providers, liquidity and swap providers etc. But mostly have a psychological effect on people: self custody is not safe, swaps worked well until it didn’t, lightning is shit etc. People with massive amounts of Bitcoin flee to exchanges, ETFs and treasuries. The trap springs. 6102 becomes possible at scale.